Oclaro, Inc. (Avanex-Bookham) Message Board

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Technology Stocks : Oclaro, Inc. (Avanex-Bookham)

OCLR 8.260

0.0%

Dec 10 4:00 PM EST

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To: Kent Rattey who wrote (1786)	4/3/2001 4:20:42 AM
From: zebraspot	Read Replies (2) of 2293

>>At 3-4, it would have more cash than market value. Gee, that makes sense.<< Well, Kent, we hit my single digit target today - in spite of your heroic buying at prices more than ten times higher than current. $3 or $4 is easily doable from here, within a few weeks at this rate. May or may not happen - but, as I'm sure you now can see, it's very possible. Markets can overreact both ways, you know. This sure seems like one of these times. We haven't had a really good bloodletting since the Bull market started back in 1982. And, in this kind of market. and considering the highly speculative nature of their business, that cash ain't exactly just like money in the bank.

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